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@ fiatjaf
2024-01-14 13:55:28
# UBI calculations
The United States population (counting only people more than 25 years old) is `222098080 people`, the United States GDP is `20807000000000 USD`. The Federal government has received `5845968000000` in taxes in 2019.
The standard UBI plan (from Andrew Yang) is to give $1000 to each person every month, which means a total annual expenditure of `2665176960000 USD`, or `12.81%` of the GDP and `45.59%` of all tax money received from the federal government.
Mandatory spending (which includes healthcare and social security) corresponds to $2.7 trillion, or `46.18%` of annual receipts. Discretionary spending (which includes education and military stuff) corresponds to $1.3 trillion, or `22.23%` of annual receipts.
## Does it fit?
If you are capable of cutting more-or-less all spending in social security (`17.10%` of federal receipts), all military (`11.56%`), all education, transportation, housing, veterans benefits and most other things the federal government does (`11.30%`) and parts of Medicare and Medicaid (`26.17%`) then it will be possible to fit UBI.
Welcome to the leftist paradise, one in which the government budget has to be drastically cut in every possible (cruel?) way.
### Data sources
- <https://en.wikipedia.org/wiki/United_States>
- <https://en.wikipedia.org/wiki/Demographics_of_the_United_States#Structure>
- <https://en.wikipedia.org/wiki/Government_spending_in_the_United_States>
- <https://www.bea.gov/tools/>
- <https://www.pbs.org/newshour/politics/how-would-andrew-yang-give-americans-1000-per-month-with-this-tax>